https://www.taxtmi.com/caselaws?id=788391 Extended limitation under excise law could not be invoked where clearances were made under proper invoices, payments moved through account payee cheques, and no material showed suppression, misstatement, or clandestine removal. The valuation dispute turned on whether contractual and evidential deductions could be excluded from assessable value; cash discount, pro rata recovery, trading turnover, freight, and sales tax-related deductions were treated as allowable where supported by purchase orders, invoices, and payment records. The document concludes that duty, interest, and penalty based on the disallowed amounts were not sustainable, and that valuation must reflect actual consideration after permissible deductions. en-us Fri, 05 Dec 2025 00:00:00 +0530 Sat, 21 Mar 2026 08:29:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788391 Extended limitation under excise law could not be invoked where clearances were made under proper invoices, payments moved through account payee cheques, and no material showed suppression, misstatement, or clandestine removal. The valuation dispute turned on whether contractual and evidential deductions could be excluded from assessable value; cash discount, pro rata recovery, trading turnover, freight, and sales tax-related deductions were treated as allowable where supported by purchase orders, invoices, and payment records. The document concludes that duty, interest, and penalty based on the disallowed amounts were not sustainable, and that valuation must reflect actual consideration after permissible deductions. Case-Laws Central Excise Fri, 05 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788391